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Colorcon India celebrates 25 years serving regional pharma industry
Colorcon, Inc, a leading global excipient company, recently celebrates the 25th anniversary of its regional center in India.
Serving the pharmaceutical market across India and Bangladesh, Colorcon Asia has come from humble beginnings with a handful of employees in 1994 to now being one of Colorcon’s largest subsidiaries worldwide.
A relocation of the film coating manufacturing plant and the technical service
laboratory from Mumbai to Goa in 2003 was among the key milestones. This
enabled Colorcon to better support the growing pharmaceutical industry in the
region. As business expanded, incremental investments followed, and 2014
saw the expansion of the Goa manufacturing facility, followed by the opening of
a second technical service laboratory in Noida (Delhi) in 2018.
Rajesh Parab, managing director, said “I am extremely grateful to our employees who have been an integral part of our journey and continue to dedicate themselves to providing our customers with the exceptional quality and service they deserve. We achieved this anniversary milestone through Colorcon’s strong service culture that exists throughout the entire organization. In July 2019, we will be celebrating with all our employees and recognizing our long serving employees with special acknowledgement to those who have been with us from the beginning.”
Martti Hedman, CEO, Colorcon, Inc. adds “This is a major landmark in the extraordinary growth of our business in India and Bangladesh. I would like to take this opportunity to thank all of our customers for their ongoing business which enables us to continue to invest in the region. I’m also very proud of the contribution Colorcon is able to make through our corporate social responsibility programmes; especially those supporting local health and education programs in Goa.”
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